Noble Group Says Still in Talks With Possible Partners

Noble Group Says Still in Talks With Possible Partners

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the ongoing challenges faced by Noble, a major commodity trader. It covers the company's strategic review with investment banks Moelis and Morgan Stanley, and the resumption of trading on the Singapore exchange. Noble's history of financial struggles, including accounting allegations and credit downgrades, is highlighted. Recent developments include a profit warning, significant share price decline, and potential default risk. The company is seeking strategic investors, with potential interest from China Investment Corp.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategic actions did Noble Group take to address its financial challenges?

Acquired new agricultural assets

Increased its debt levels

Merged with another commodity trader

Appointed Moelis and Morgan Stanley to explore options

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Noble Group's market value in 2010?

15 billion U.S. dollars

20 billion U.S. dollars

10 billion U.S. dollars

5 billion U.S. dollars

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which year did Noble Group report its biggest ever loss?

2017

2015

2013

2010

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the impact of the profit warning on Noble Group's shares?

Shares increased by 20%

Shares doubled in value

Shares remained stable

Shares declined by 48%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which organization is a major shareholder in Noble Group, potentially influencing its future?

JP Morgan

Barclays

Goldman Sachs

China Investment Corp